LOC and LOC backed: Difference between pages

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imported>Doug Williamson
(Create the page. Sources: linked page.)
 
imported>Doug Williamson
m (Link with Issue page.)
 
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Letter of Credit.
Letter of credit backed.  


An issue, usually of commercial paper, backed by a bank letter of credit – effectively a bank guarantee.


==See also==
 
*[[Letter of credit]]
== See also ==
*[[Issue]]
* [[Commercial paper]]
* [[Letter of credit]]

Revision as of 17:14, 3 August 2014

Letter of credit backed.

An issue, usually of commercial paper, backed by a bank letter of credit – effectively a bank guarantee.


See also